Filed August 1, 2018
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE7+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $77,278 |
MGO INVESTMENT ADVISORS5 years Filed as: MGO INVESTMENT ADVISORY INC. Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Advisory (Participants) | $26,004 |
MGO INVESTMENT ADVISORS5 years Filed as: MGO INC. Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Recordkeeping | $7,400 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,783 | $53,822+144.9% | $75,696+74.1% | $85,850+53.5% |
| Participation rate | 92.9% | 69.1%+23.8pp | 74.8%+18.0pp | 69.3%+23.5pp |
| Annual return | 12.37% | 24.54%-12.2pp | 104.53%-92.2pp | 318.53%-306.2pp |
| Employer contribution / active EE | $1,013 | $2,017-49.8% | $2,743-63.1% | $2,565-60.5% |
| Participant deferral / active EE | $5,892 | $2,895+103.5% | $3,821+54.2% | $3,952+49.1% |
| Admin fee / account holder | $679 | $3,343-79.7% | $3,619-81.2% | $6,260-89.2% |